Business
N400bn Spent On Bribes In Nigeria Annually – NBS
The National Bureau of Statistics (NBS) says roughly N400 billion is spent on bribes each year in Nigeria, taking into account that nine of every 10 bribes are paid in cash.
The NBS stated this in “Corruption in Nigeria, Bribery: Public Experience and Response 2017 Survey’’, posted on the bureau’s website in Abuja.
The bureau stated that it was estimated that the total amount of bribes paid to public officials in Nigeria in the 12 months prior to the survey was around N400 billion.
The survey was conducted in April/May 2016 in all 36 states and the Federal Capital Territory (FCT) of Nigeria.
It said that the amount was equivalent to 4.6 billion dollars in purchasing power parity (PPP); the sum is equivalent to 39 per cent of the combined federal and state education budgets in 2016.
The NBS said that bribe-payers in Nigeria spent an eighth of their salary on bribes.
On average, the report stated that almost one bribe was paid by every adult Nigerian per year.
It stated that by combining the total number of people who paid a bribe to a public official with the frequency of those payments, it was estimated that a total of roughly 82.3 million bribes were paid.
It added that roughly 82.3 million bribes were paid in Nigeria in the 12 months prior to the survey.
According to the report, this results in an average of 0.93 bribes paid per adult, or almost one bribe paid by every adult Nigerian per year.
The report further revealed that almost a third of Nigerian adults paid bribes when in contact with public officials.
It stated that almost a third of Nigerian adults (32.3 per cent) who had contact with a public official between June 2015 and May 2016 had to pay, or were requested to pay a bribe to that public official.
The bureau, however, stated that the magnitude of public sector bribery in Nigeria became even more palpable when factoring in the frequency of those payments.
It stated that it became more palpable when factoring in the frequency in those payments as the majority of those who paid a bribe to a public official did so more than once over the course of the year.
According to the bureau, bribe-payers in Nigeria pay an average of some six bribes in one year, or roughly one bribe every two months.
In addition, the report revealed that Nigerians considered bribery the third most important problem facing the country.
It stated that the findings could explain why, after the high cost of living and unemployment, Nigerians considered corruption to be the third most important problem affecting the country.
The report stated that corruption was the third most important problem facing the country well ahead of the state of the country’s infrastructure and health service.
It stated that public sector bribery was not the only form of corruption affecting Nigeria, the prevalence of bribery in relation to selected employees of private companies was 5.5 per cent.
The report stated that the 5.5 per cent denoted that bribery was also significant in the private sector in Nigeria.
It, however, stated that the payment of bribes to public officials was the most familiar and widespread form of corruption directly experienced by the population and the one that most affects the lives of ordinary citizens.
The Tide source reports that the survey was based on data collected in a large-scale household survey (33,067 households) on corruption conducted in April/May 2016 in all 36 states and the Federal Capital Territory (FCT) of Nigeria.
The survey was conducted as part of a technical assistance project on corruption funded by the European Union (Support to Anti-Corruption in Nigeria) and was implemented by the NBS in partnership with UN Office on Drugs and Crime.
NAN, however reports that the Federal Government’s frontline anti-corruption agencies, the EFCC, ICPC, CCB and CCT, have been revitalised and made more proactive in the pursuit of perpetrators of corrupt practices, irrespective of their social status and political persuasion. This is a radical departure from the past.
The government says the implementation of the Treasury Single Account (TSA) whereby all Federal Government revenue goes into one account now makes it impossible for public officers to divert public funds to private accounts as was the practice before.
“Through the effective application of TSA and the Bank Verification Number (BVN), we have been able to remove 23,000 ghost workers from our pay roll, thereby saving billions that would have been stolen.
“We are also reviewing our anti-corruption laws and have developed a national anti-corruption strategy document that will guide our policies in the next three years, and possibly beyond, “ according to Acting president Yemi Osinbajo.
Business
$5bn Train 7 Project 80% Complete -NCDMB
The Board stated this in a statement released by its Corporate Communications Directorate to newsmen, recently, during the inauguration of 140 trainees for the Train 7 Project.
The trainees had undergone the Nigerian Content Human Capacity Development (NC-HCD) programme it organised in partnership with the Nigeria Liquefied Natural Gas (NLNG) Limited in Port Harcourt, the Rivers State capital.
The Tide gathered that the training programme was an intensive three-month Advanced NC-HCD Programme for the US$5 billion NLNG Train 7 Project on Bonny Island, Rivers State.
The trainees, The Tide further learnt are graduates in different academic disciplines who have completed a 12-month Basic Training Programme in diverse oil-and-gas-industry-related skill sets and are now set for an on-the-job phase which includes active hands-on participation in operational areas such as Turn Around Maintenance (TAM), Commissioning, and Desktop Programmes.
The Corporate Communications Directorate of the NCDMB told The Tide that in November 2024, a set of 331 trainees under Batch A of the NLNG T7 HCD Training Programme began capacity development in facility management, engineering, Information and Communication Technology (ICT), Health Safety and Environment (HSE), Quality Assurance and Quality Control, as well as welding and fabrication.
According to the Board, additional 77 trainees under Batch B of the same Training Programme began capacity development in data analytics and supply chain management among several other fields relevant to the operations of the oil and gas industry.
While addressing the trainees and trainers who were drawn from the Oil and Gas Trainers Association of Nigeria (OGTAN), Management Personnel of the NCDMB and NLNG, the Executive Secretary of NCDMB, Engr Felix Omatsola Ogbe, said the Advanced NC-HCD training is more than a milestone.
“The NC-HCD training programme is an expression of the collective commitment of the Board and the NLNG to nurturing world-class Nigerian professionals who will shape the future of our oil and gas industry.
“The Board has remained steadfast in its conviction that Human Capital Development is a critical investment in the sustainability and competitiveness of Nigeria’s oil and gas value chain”, the NCDMB boss said.
Business
Ageing Aviation Workforce: Minister Urges Youth Grooming For Replacement
He said the situation has resulted in widened knowledge gaps and operational challenges.
As a globally regulated sector, he said it was important that stakeholders put measures in place to attract the talents required to move the industry forward.
Keyamo, therefore, called on stakeholders in the industry to be deliberate in identifying, encouraging, nurturing and harvesting young talents to ensure a sustainable supply of manpower to the aviation sector.
Director of Public Affairs and Consumer Protection of the FAAN, Mrs Obiageli Orah, in a release made available to aviation correspondents, noted that the Minister deemed it necessary to attract the right quality of human resources required to move the sector forward.
“As a globally regulated sector, it is important that stakeholders put measures in place to continually attract the right quality and quantity of human resources required to move the industry forward.
“It is important to note that organising training programmes are avenues through which we can breed, nurture, and harvest such human resources.
“One of the critical challenges facing the industry is the ageing and retiring workforce, leading to widened knowledge gaps and operational issues.
“Training programmes, I believe, is among other things designed to make aviation appealing to the younger generation, while encouraging them to develop interest in taking up a career in the industry”, the statement stated.
Meanwhile, some aviation stakeholders have expressed concerns of countless young Nigerians who seek to make their mark in aviation, tourism, and the wider transport ecosystem but often face steep barriers to entry.
According to them, lack of access, limited mentorship, financial constraints, skill mismatches, and systemic gaps, among others, have posed some constraints to them.
Business
Ogbe Gets Appo Board Appointment
The Tide gathered that by the appointment, Ogbe becomes Nigeria’s representative on the Board of the 18-member continental body, which has its headquarters at Brazzaville, Republic of the Congo.
Ogbe was picked for this role by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, who doubles as the Chairman of the NCDMB Governing Council.
The notice of the Executive Secretary’s appointment was conveyed in a congratulatory letter signed by the Director of Support Services, APPO, Mrs. Philomena Ikoko, on behalf of the Secretary-General of the organisation, Dr. Omar Farouk Ibrahim.
She applauded the NCDMB boss on the confidence reposed in him by the Minister, expressing her belief that he would make immense contributions to the development of the African oil and gas industry.
Mrs Ikoko stated that Ogbe was joining the Executive Board of APPO at a challenging time for the oil and gas industry, especially in Africa.
“Your appointment is a major call to duty for Nigeria and the continent. The secretariat will give you the support you will need to make a success of your assignment”, she said.
According to a statement by the Directorate of Corporate Communications and Zonal Coordination, the NCDMB played key roles in catalysing the operations of APPO and the development of local content in Africa.
The statement added that the board was providing institutional support and mentorship to several oil producing countries in their formulation of local content policies.
“The NCDMB initiated the African Local Content Roundtable (ALCR) and hosted the inaugural edition in Yenagoa, Bayelsa state, in June 2021, and the event was attended by key officials of APPO and other oil industry players.
“The idea for the Africa Energy Bank (AEB) was mooted by NCDMB’s officials at the event, as one of the strategies that would accelerate the growth of the African oil and gas industry and deepen local content.
“The Board also collaborated with APPO to host subsequent editions of the African Local Content Roundtable (ALCR), including the 2023 edition held at Abuja.
“The Africa Energy Bank, which APPO is setting up at Abuja, is aimed at pooling financial resources needed to fund big-ticket oil and gas projects across the continent, and bridge funding challenges currently impeding the development of the sector”, the NCDMB’S said.
Meanwhile, the APPO Secretary-General has said the Africa Energy Bank seeks to fund oil and gas projects across economies in Africa and help to plug critical financing gaps that exist through the continent’s over reliance on financiers from the West.
He added that each APPO member country is expected to raise $83 million with an objective of raising $5 billion capital for the establishment of the Bank.
The Tide learnt that recently Nigeria, Angola and Ghana have contributed their share capital for the African Energy Bank, which represents 44 percent of the trio’s contributions to the minimum capital that is required from oil producing countries in the continent.
It would be recalled that at the Nigerian Oil and Gas Opportunity Fair (NOGOF) held recently, the NCDMB’s Scribe confirmed that the agency was part of key institutions that pooled resources for the formation of the Africa Energy Bank.
Ogbe announced that the Bank will open for business before the end of the 2nd quarter of this year, 2025, expressing hope that it will create more funding availability for local oil and gas projects and companies.
Similarly, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, had stated at the Offshore Technology Conference that Afrexim Bank has already raised $19billion for the take-off of the Africa Energy Bank.
According to him, $14 billion out of the funds represents the bank’s financial exposure on African oil and gas projects, with the additional $5 billion as take-off capital.